though. greg told us must have missed it, i was watching the fox news channel. well, that is a good excuse if i ever heard one. that is going to do it here for me in d.c. kelly wright and jamie colby coming up next. tune in to "fox news sunday" tomorrow. captioned by closed captioning services, inc. >> jamie: is fox news alert. fierce new fighting in syria. reports of government helicopters and tanks pounding the city of aleppo in an effort to crush rebel forces. aleppo is syria's largest city with a on lakes of 2.5 million people. just to the north of the capital tama damascus. the outcome is raising major concerns in the region and beyond. as more refugees are heading for the borders amid fears the sectarian violence could spread to neighboring countries. we will have more on this later

in our show. but first, another big story we have been following for a week. brand new you developments in the colorado movie massacre. welcome to a brand new hire inside america's news headquarters. i'm jamie colby. >> i'm kelly wright. according to newly released court documents accused shooter james holmes was being treated by a psychiatrist at the time of the attack. meantime families of some of the victims laying loved ones to rest today. eliz prann live in aurora colorado with the details. >> reporter: a little over a week. the make shift memorial continues to grow as fem people leaving gifts and lighting candles for people that died. five victims in area hospitals in jet cal condition. 11 people still seeking treatment. people here in aurora, colorado and across the country continue to mourn as the tune rales

continue. jessica the aspiring sports journalist will be buried today in her hometown in texas. she narrowly escaped death in a shooting in toronto. matt will be laid to rest in springfield, ohio. one of the three men hailed as heros for shielding his girlfriend from gun fire. and jesse childress will have a memorial service at buckley air force base. in a motion filed by james holmes defense teams they want investigators to turn over the notebook that holmes sent to dr. lin fenton. the prosecution is objecting. the ap is reporting dr. fenton was disciplined back in 2004 for not keeping updated records prescribing medications to not only herself but also her family as well as colleagues. but lawyers right now are really both just focusing on monday's arraignment. we will learn the extent of the charges against holmes. we know that he is facing 12

counts of first-degree murder but potentially up to 58 counts of attempted first-degree murder. >> carol chambers has to make decisions. streamline the case with just murder charges or want to throw the book at the defendant. for example you can charge him with possession of incentary explosive devices. you mae even charge burglary. >> reporter: we know there will be no courtroom cameras in the courtroom on monday and although we don't expect to hear him speak we do know that he is sitting in arapahoe county jail and has access to both tv and newspapers. >> thank you for that report. for more of elizabeth's reporting and up to the minute details on the colorado movie massacre log on to our website at fox news .com. >> jamie: governor mitt romney

heading to israel today as part of his three nation foreign tour. he is here leaving london for tel aviv earlier today. his fourth visit to israel. expected to be a whirlwind day of meetings with top officials including prime minister benjamin netanyahu and also expected to give a public speech while in israel. we will have a live report on his visit and take a closer look at some of the events is leading up to the governor's trip clouding an announcement by president obama -- including an announcement by president obama that some critics argue was meant to upstage governor romney's trip. >> kelly: back on capitol hill new fears of an economic dooms day over the battle to extend the bush tax rates. mass already passed the bill with you republicans say they won't even consider a bill that doesn't include a full extension for all income levels. peter doocy is live in washington with more details. he is following this story. peter? >> reporter: and kelly, powerful republicans in congress are saying that unless

democrats agree not to jack up the taxes on america's top 2% of earners which the president's plan would do, then they are really not that willing to negotiate. >> unfortunately, washington democrats default position appears to be to let everyone about's taxes skyrocket if congress doesn't agree to their plan to raise taxes on one of the most productive seths of our economy. >> reporter: when senator hatch mentions productive seths of the economy he is talking about small businesses and thinks the job creators, the owners can operate easier with lower tax rates but the president disagrees. >> the republicans in congress and their nominee for president believe that the best way to create prosperity in america is to let it trickle down from the top and believe if our country spends trillions more on tax cuts for the wealthy we will somehow create jobs even if we have to pay for are it by gutting things like education and training and by raising

middle class taxes. they are wrong. >> reporter: the president says they are wrong but they are going to vote against his proposal any way with speaker boehner saying the house will vote to stop president obama's small business tax hike while laying the ground work for progrowth tax reform that will help employers keep jobs in america and bring jobs back to america that have gone overseas. the white house is not backing down. >> the president continues to insist the proposals he put forward that outside economists say would have an immediate impact on job creation must be passed by congress. >> reporter: if congress doesn't act almost every single taxpayer in the united states will see their tax bill go up on new year's day. >> kelly: the fiscal cliff that come were talking about. thank you for the report. keep following the details. >> jamie: wonder if that means we have to cancel the new

year's eve plans and start saving. what does the latest stalemate over taxes mean for the presidential race. take a look at that with angela mclouen and christopher. >> hi, jamie. >> great to be here, jamie. >> jamie: should america start preparing or where do you think this ends up when everyone takes a look at it in congress? >> i think we will get a deal with the first million dollars of income bush tax cuts extending. we he all agree on two basic truths. we want to see the first $250,000 of revenue, income, sorry, continue to have the tax cuts and we all believe that people like mitt romney whether they get this tax cut or not will still have plenty of honey to buy nail polish for their horses. take what we all agree on off the table and save the stuff that is difficult for after the election. >> this is not about --

>> jamie: it is a shame, angela, chris doesn't want america to bring home the gold on this one. >> i'm rooting for -- >> generous. do the numbers really make sense. correct me if i'm wrong. if you take $250,000 or less you get to keep the cuts. if you make more you don't. what about the first $250,000 of the people who make more. do they get the benefit of the cuts on that? >> they don't. and jamie. >> jamie: why not? >> the bottom line is this, if you don't extend the bush tax cuts it will hurt our economy. it will hurt small business owners which make -- they are the backbone of our country. make up over 50% of the businesses and people are going to start laying off more people. we need those tax cuts. what we need to do is expand the tax cuts for everyone and then simplify the tax code, decrease capital gains and

eliminate the death tax. we need to stop the spending in washington, d.c. and give the american people more money to put inner that pockets because they know what to do with it. big brother government isn't it. >> jamie: we have a track record with even the current tax system of small business owners and those who hire employees not hiring waiting to see what healthcare will cost. that is approaching at the end of the year, so close to the election. do you think both sides will stay where they are are standing right now? can they come together as you suggest? and what about the people who make $300,000, you are saying they don't get any benefit from the tax cuts, someone who makes so little less than them does? is that fair? is that america? >> i disagree. i adisagree with angela. a tax cut for the first $250,000 of income under the current plan. >> jamie: no matter. >> if you make a million dollars you get the tax cut for the percent $250,000. it is a tax cut for everyone. the question is what do you do

when you make above $250,000. it is -- i understand that the republicans feel it is a tax cut by letting these expire. i get that, angela. >> tax increase. >> we have an economic problem in the country not enough money to go around and deficits exploding a and we can't keep giving billionaires and millionaires extra money that they are not spending. >> if we don't extend the tax cuts you are going to have investors that are not going to invest. companies lay people off. that means more people will get on the federal dollar. we need more money in the government to tay packs. >> jamie: that point that you are making to me it is that simple. if you take it out of one pocket and you put it in the other you really haven't netted thick out of it and more people won't have jobs. so chris, does the math make sense? >> angela and jamie, i know we are all way too young to remember the 1990s but things

were pretty good when the tax rates were where they are going to be when the bush tax cuts expire. the economy created 22 million jobs under president clinton 86 want to go back to that kind of economy. >> with you we had a balanced budget. i'm so tired of liberals using that so let me defunct that argument. we had a balanced budget and a republican congress that worked with a democratic leader, a true leader that didn't use politics. now, was he a politician? yes. but we had a better america because congress worked together. it is groundhog day all over again. >> unfortunately, the cons that run congress now do not want to work with this president. they want to block everything he brings up. his jobs bill would put 1 million new jobs right on the street tomorrow. it would save cops and firefighters and construction workers back to work. >> we are talking about a jobs bill. >> the cons in congress that control the house don't want to do that. >> the president has not met with his jobs council except

for one time this year. talking about the jobs bill and may i remind you the first jobs bill the democrats voted it down in the senate. what we need to do is cut spending in washington, d.c. we cannot spend our way through this recession. >> jamie: you know what i would ask because i know you two are going to come back -- >> i agree and -- >> jamie: chris, hang on. i need you guys to come back with the numbers and tell me how much this is going to save the economy by not extending the cuts because a lot of people won't hire. that is all we are seeing right now. we got to get people back to work and pay off the debt. you two are the smartest ones i know to figure this out. that is your assignment. come back. >> thank you. >> thank you, jim knee. >> it's $80 billion a year. >> jamie: you find it, are chris and tell us where it is. all right. thanks. kelly? >> kelly: they both give us a good idea of what is going on on capitol hill related to the

matter. meantime, governor mitt romney on his way to israel at this very hour looking to bolster foreign policy credentials and shore up support with america's strongest ally the middle east. we have a a live report coming up. >> jamie: interesting trip. major developments concerning illinois congressman jesse jackson, jr. what doctors are now saying about his mysterious leave from congress. >> kelly: a sweet home coming for one of our heros wounded on the battlefield in afghanistan. the touching story, next. >> i can't put into words. i haven't cried since i was two, three years old and y'all had me crying. plaps a party? [ music plays, record skips ] hi, i'm new ensure clear. clear, huh? my nutritional standards are high. i'm not juice or fancy water, i'm different. i've got nine grams of protein.

twist my lid. that's three times more than me! twenty-one vitamins and minerals and zero fat! hmmm. you'll bring a lot to the party. [ all ] yay! [ female announcer ] new ensure clear. nine grams protein. zero fat. twenty-one vitamins and minerals. in blueberry/pomegranate and peach. refreshing nutrition in charge! see life in the best light. and peach. [music] transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. experience life well lit, ask for transitions adaptive lenses. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire.

the brownie of your dreams is now deliciously real.

>> kelly: welcome back. time for a quick check of the headlines. an oil spill shutting down part of a main pipeline near grand marsh, wisconsin. the u.s. people pipeline safety agency is sending investigators. >> congressman jesse jackson, jr. is at the mayo clinic receiving treatment for depression. a statement from the hospital provides the first public details on his where abouts since he took medical leave several weeks ago.

first lady michelle obama is in london as her role as the u.s. delegation. she went to a reception hosted by queen elizabeth and met with hundreds of children to promote healthy eating. >> jamie: also a death on the battlefield inspiring a new mission here on the home front. the g.i.-go fund is helping those who sacrifice so much for our country about by going out and finding struggling veterans and getting them the help they need and deserve. good work in sire inspired by e american soldier who never aid it home from iraq. >> the g.i. go fund is a charitable group started in newark, new jersey, by two patriotic brothers and a friend who lost a buddy serving in iraq. they walk city streets to help homeless veterans bet back on

their feet. they offer a bag of food and clothing to any one in need. if the person is, indeed, a vet, information about veterans affairs housing and jobs programs is given as well as healthcare. >> we don't wait for them to come to us. we go to them in the streets and in the soup kitchens and in the shelters. >> each night, volunteers give out dozens of supplies bags. vets are vulnerable because of the inability to find jobs, home foreclosures and many dealing with post traumatic stress disorder. >> my goal is to make sure that we are getting them off the streets and connect them to a front door key in their pocket before they die. >> numbers are hard to gage but according to the u.s. department of housing and urban development in 201 on any given night 67,495 were homeless on the streets. veterans account for 14% of the entire u.s. adult homeless population. >> all my people died, going in different directions so i'm

pretty much alone. >> our obligation back here at home is to protect their families while they are deployed and to take care of them when they come back home. >> they have plans in the works to expand midnight mixes to baltimore, philadelphia and washington, d.c. >> jamie: do they have what they need to expand? >> they are working on that and they are in the process of doing some fund raising. in fact, they actually are doing a great job with mayor corey booker in new york, new jersey. -- in newark, new jersey. they have give the group an office in city hall. hopefully it the spread like wildfire in other cities, too. >> jamie: we have the most generous viewers in america and around the world. >> let's get going. >> jamie: thanks for telling us about with it. >> jamie: kelly? >> kelly: a hero's welcome for a wounded warrior in florida. hundreds of people coming out to welcome marine corporal daniel palmer home to pensacola florida. in 2010 he lost part of his leg and suffered a traumatic brain

injure arey in an ied attack in afghanistan. he spent over a year in recovery. when addressing the crowd he kept the focus on the sacrifices of other os. >> i can't put into words. i haven't cried since i was two, three years old and y'all had me crying. i'm here, i'm back. i'm good. i'm alive. we still have marines over there. it is calming down a little bit but i trust they are still in harm's way every single day. >> corporal palmer says his focus now is spending more time with his wife and two children and corporal palmer we wish you well in all that you are doing. great man. >> jamie: nothing can keep a marine down and i know you are military too and totally get it. >> kelly: prior army, yep. >> jamie: governor mitt romney on his way to israel. the second stop on his overseas tour and trying to shore up support with one of america's staunchest allies. we will have a live report on that just ahead. >> kelly: plus, a deadly new

wave of violence spiraling out of control in syria as rebels and government forces battle for control of the country's largest city. are are we seeing a pivotal moment in the 18 month old uprising? we'll take a look, next. [ male announcer ] this is anna, her long day teaching the perfect swing begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ]

watch the elbows ladies. >> announcer: meet mary. she loves to shop online with her debit card, and so does bill, an identity thief who stole mary's identity, took over her bank accounts and stole her hard-earned money. now meet jack. after 40 years, he finally saved enough to enjoy retirement. angie, the waitress at jack's favorite diner, is also enjoying his retirement. with just a little information, she's opened up a credit line, draining the equity in jack's home. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft, and no one helps stop it better than lifelock. see, ordinary credit monitoring services tell you after your

identity has been stolen. they may take 30 days to alert you-- too late for jack. lifelock has the most comprehensive identity theft protection available. if mary had lifelock's bank account alerts, she may have been notified in time to help stop it. if jack had lifelock's 24/7 proactive protection, he could have been alerted by phone or e-mail as soon as they noticed an attack on their network, before it was too late. lifelock has the most comprehensive identity theft protection available, guarding your social security number, your money, your credit, even the equity in your home. while identity theft can't be completely stopped, no one works harder to protect you than lifelock. you even get a $1 million service guarantee. that's security no one can beat. you have so much to protect and nothing to lose when you call lifelock right now and get 60 days of identity theft protection risk free-- that's right, 60 days risk free-- use promo code: notme. order now and get this document shredder to keep sensitive documents out of the wrong

hands-- a $29 value, free. call the number on your screen. [♪...]

>> kelly: fox news alert on our top story of day and the spiraling blood shed in syria. reports say the assed ad is using gun ships an and tanks as rebels fight for control of aleppo, syria about's largest city by population and a major commercial hub north of the capital city of damascus. are we seeing a pivotal moment in the 18 month old uprising? joining me he former u.n. special ambassador -- u.s.

special ambassador to the u.n. good of you to join us today. thank you so much. i want to get to the point what does this mean in terms of what we are seeing? a pivotal moment in the blood shed in syria? >> absolutely. there is a great potential for civilian massacre as the fixed wing aircraft pound aleppo. it looks like the rebels are making a concerted effort to repel the regime but what you see here is if the rebels are able to hold on and push back in aleppo it spells the end of the assad regime. i think the next hours will tell a lot about how long the assad regime lasts. >> kelly: let's remind people what is at the root of the civil war in syria. what is it and how will the escalation of violence impact the middle east? >> there are two issues here.

one is internal to syria. the minority government, the assad regime. bashar's father ran with an iron fist. this is really part of the whole sort of arab spring movement to get more participation government. also a contract between iran and the sunni countries such and saudi arabia and qatar and the region really see syria as the pivotal battlegrounds in the overarching struggle between iran and the other arab countries. a critically important issue that has the potential of spilling over into the region. >> kelly: which is another reason why it is so pivotal to see the developments going on there today. now, appears there is no end in sight to the blood shed in syria. some observers believe syrian forces will carry out a massacre in the city of aleppo if they do not receive some help and someone going in there

to stop and quell the violence. how do you see the end to the violence? >> you have seen powerful blows inflicted on the regimes, the defections by the high government officials. the loss of the four senior are security officials in damascus. you have the syrian government withdrawing from most of the secondary cities and making a stand in aleppo and damascus and really a war of attrition. with the rebels being supplied and having to sort of fight it out and strike blows until the people turn on the regime. but it is going to be touch and go over the next i think couple of days. >> kelly: and ambassador as you know the world can't just sit idly by and watch what takes place. the united states wants to impose sanctions and wants syria to stop the violence. russian's foreign minister says it is unrealistic to expect the

syrian army to allow rebel forces to have their way so is russia taking -- with russia taking this approach it appears they are still on the side of syria? >> i think the russians are changing their tune. while they are still opposing sanctions at the u.n. they started sending signals with looking at evacuating their forces there at the naval facility they have. i think what they are doing is creating a little more space in the event there is this civilian massacre that takes place so they don't have the blood on their hands which is something that they appear to be in a position to -- >> kelly: i concur with you on that. syria's assad has been through a tough two week period with defections in the military and a rebel bomb blast that took place in damascus killing four of the top security officials. he seems to be locked in and launching this vicious counter

offensive we are witnessing right now. is it too late for russia and the united states and western countries to get these people to the table to at least work through this civil war through diplomacy. >> i'm afraid that the u.n. plan appears to be dead in the water. i do think that you could get a regional grou group together bt assad has to go and i think anything short of that is not going to be acceptable to the people. really not a matter of if but a matter of when. the only diplomacy i think that can take place is to get the turks, the russians, the countries that have an influence on this to create a context for assad to step down. >> kelly: and one can only hope that they are listening to you, sir,, and perhaps creating something an atmosphere to cause a break in the violence and find some way to peacefully resolve it. as you mention it doesn't appear to be the case. ambassador stuart holliday joining us this afternoon. thank you, sir. >> thanks a lot.

>> jamie: and we are covering all of the details of governor mitt romney's trip. it is his fourth to israel. he is making it today, boarding a flight in london bound for tel aviv. the visit coming 24 hours after announcement by president obama that some critics say was intentionally designed to score points with jewish voters here at home. molly henneberg is live in washington. is that what happened and did it work? >> we will have to see about that on election day. aannouncement was is for more money, $70 million more in funding for an israeli defense system. israel is very fearful of a nuke attack by iran and governor mitt romney will try to make it clear on this trip that he would be tougher with eran than president obama. mitt romney should be landing in israel later today. he has spoken previously while still on u.s. is soil of the obama administration "shabby treatment of issuesual."

in an interview he said he had to be careful now now that he is on foreign soil not to criticize president obama but said "in a time of turmoil and peril, it is important that the commitment of america to israel will be as clear as humanly possible. israel should feel more secure of the commitment of the united states to its defense ." romney it is expected to meet with israeli prime minister benjamin netanyahu. they have known each other since the '70s. president obama has had a famously rocky relationship with netanyahu disagreeing over israeli settlements and over the approach to iran. president obama said yesterday that the u.s. has a "unshakeable commitment to issuesual's security" and announced $70 million to hope israel expand its iron dome defense system to row text israel from hezbollah rockets. >> it is a program that has about been tested and has

prevented missile strikes inside of israel and is a testimony to the leadership of the folks sitting here that we are going to be able to lock in that funding to assure that that program continues and that we are standing by our friends in israel when it comes to these kinds of attacks. >> the president also said defense secretary leon panetta will be traveling to israel to discuss additional ways the u.s. can help with israeli security. jamie? >> jamie: molly henneberg live in washington. great to see you, thank you. >> kelly: speak of washington you hear a lot about the often vicious fighting and name calling between the political left and the political right. but it is the independents the presidential candidates are really going after in november. as chief national correspondent tells us, that is because most voters have already made up their minds. >> reporter: the presidential campaigns are poised to pend tens of millions trying to win over those that say they don't belong to either party.

>> most folks in the party made their decisions already. the independents the bigger number is now going to be the real keys to victory in 2012. >> independents account for 35% of voters in most recent elections. some analysts say many voters call themselves independents but really are not. the true number is less than 10% though they are just as important. >> half of that means 3, 4, 5% and in most of the battleground states the final results will be within 52-48%. they could be and probably will be the critical voters. >> one republican analyst says they have been the key in recent shifts of power. >> in 1994 when republicans won the congress we won independents by 14. in 2006 when we he lost the congress we lost independents by 18 and came back in the last election in 2010 and won in independents by 9 points. >> what moves independents? president obama tried to convince them a policy of taxing the rich would help.

>> ask the wealthiest americans to pay down the defections their fair share.o >> independents don't buy the tax fairness argument. >> they don't see themselves as victims in the system. about 60% of them say our system is basically fair. >> several recent polls show mr. obama down several points with independents. when it comes to economy independents didn't talk about fairness. they talked about opportunity and jobs on we the president says he is making progress. >> moving forward not moving backwards and we have been able to do that. we been moving forward. >> the 23 million unemployed and underemployed may have a different view including independents such as david rivera. >> currently my wife is unemployed and it has been hard to get another job. we are basically just a one income household. >> and that is the issue likely to determine the outcome of the

election. >> the better informed independents are practical. they want real problems solved with practical solutions. >> analysts say independents want a candidate to tell them how he will fix the economy not who o he blames for it but how he is going to create more jobs. in washington, jim angle, fox news. >> jamie: whether you call it jaguar they are unveiling the most powerful car in the 90 year history. the 2012 jaguar xkrs convertible comes with a six figure price tag. it has style and speed from hood to spoiler. check it out. >> it as rare occurrence when you can say uneconpetitive vocally that something it your favorite thing. this is my favorite car

uneconpetitive vocally. the sport will and luxuriry jaguar xkrs is not only the automaker's flagship car but the most powerful one made in its 90 year history. >> a 550-horsepower v-8 and top speed of 186 miles an hour. with the top down. and are you kidding me with that sound? incoming! despite being relatively large and h heavy for a sports car, the xkrs is light on its feet thanks to an active suspension, quick responsive steering and stiff aluminum chassis engineered from the start to be a convertible. the rear spoiler likely serves as little more than a high

performance replay but one definitely worthy of a salute. to make sure you are worthy of it, it comes with a day of instruction on the track at the jaguar per are form mans acad hmy to help you learn how touring every ounce of speed out of this sexy beast. >> performance is technically easy. what sets cars apart is the eye tension to detail. the strip of leather put there for one reason and one reason alone. is i could do this in style. >> jamie: and with gary's two beautiful sons they will not be fitting too that welcome seat. but a girl can dream. >> so nice. >> jamie: gorgeous. to learn more about the 2012 jaguar xkrs convertible start saving and go to foxcarreport .com. >> kelly: brand new you numbers in the economy sarking fears of an economic lowdown. we will break town the report and what it all means for your

wallet. >> jamie: a dangerous high speed car chase in california. the dramatic ending you will not believe. we have got it right here, next. down here, folks measure commitment by what's getting done. the twenty billion doars bp committed has helped fund economic and environmental recovery. long-term, bp's made a five hundred million dollar commitment to support scientists studying the environment. and the gulf is open for business - the beaches are beautiful, the seafood is delicious. last year, many areas even reported record tourism seasons. the progress continues... but that doesn't mean our job is done. we're still committed to seeing this through. the global ready one ? yeah, but you won't need... ♪ hajimemashite. hajimemashite. hajimemashite. you guys like football ? thank you so much. i'm stoked. you stoked ? totally. ... and he says, "under the mattress."

( laughter ) why's the new guy sending me emails from paris ? paris, france ? verizon's 4g lte devices are global-ready. plus, global data for just $25. only from verizon.

>> jamie: welcome back, everybody. there are new fears of an economic slowdown following a electorate that came out that shows our country is this a slump. a gdp report in fact that shows the economy slowed to just 1.5 about percent growth from april to june. look at the second quarter of 2012. the slowest we have seen in quite awhile. analysts are saying when the number is at or below 2% it is never enough to lower the jobless rate. bring in jonathan, a portfolio manager for pig hedge fund. great to see you. >> great to be with you. >> jamie: i wish i had better news to report on this.

when let's see if we've gotten worry about getting people back to work. >> it has been like this for many months. the gdp remains anemic at best. any objective measure of the economy is really quite tepid. you pointed out the 1.5% rate. that is going to do thog nothing to bring the unemployment rate below 8.5%. whether it is in the shovel ready jobs for lifting 2 million people out of poverty or green jobs initiatives, all of the promises were made with stimulus in mind. none have come true and sense you are seeing this anemic lethargic growth rate for the economy. >> jamie: quantify just how painful the above 8% or 8.2% unemployment rate it for the country right how to. the effective rate is probably higher than that. how are people around the country feeling right now?

>> it is tremendously painful, jamie. what is so disturbing is that this prolonged period of long-term unemployment hasn't been the case with other supposed recover relationships we keep hearing about the recovery in the economy but again when you start to look at any indication especially the jobless rate you are simply hot seeing it. you are seeing this long-term period of judge employment and what is disturbing from a market guy's per spect investigators you are seeing people taking money out of the risk portion of the economy and taking money out of stocks the types of investments that would actually spur economic growth. what we are missing is economic freedom. the kind of thing that take an investor say i will put a thousand dollars or a million dollars into a new business and hire some folks. you don't see that kind of confidence which leads to economic prosperity or growth. >> jamie: angela withou broughn the political debate about the death tax even. less and less incentive to take

the money out from under the mattress, put it into the market and hire people. the white house continues toss insist not only are we in a recovery but all going in the right direction. hang on. that is what they are saying. >> the fund flows from mutual funds. people are taking them out of stock mutual funds and not putting them under the mattress, jamie but putting them in u.s. bonds which are actually yielding nothing, below the rate of inflation. tremendous amount of fleer out there not only about the death tax but, of course, the entire regulatory regime. i know a lot of market guys were inspired by one congressman's arousing oratory on the house this week talking about the burden of regulations of taxes. no secret what creates wealth. it is the individual mind and economic freedom. in my mind from a market perspective that is what we need most. >> jamie: making the same argument for a long time but

nothing seems to be on the horizon for change and we have an election coming. are you optimistic about the future of this country? >> to your point we are going in the opposite direction in seems of terms that would control the chi. certain firms are getting it done. look at a stock like wal-mart hitting a 52-week high this past week. companies are able to navigate the web of red tape in the country and produce value are doing well. they are doing better. >> jamie: you gave us at least that one example. thank you very much for your insight. also to informative, thanks. >> kelly: a wonder drug in a single pill? the doctor is in. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation.

because offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve.

you kiddin, brad? you're an soall-american country musice me insuperstar!ercial and this is my all-american jack combo! -a no-nonsense burger with two 100% beef patties, melting cheese, lettuce, and tomato, plus it comes with fries and a drink for just $4.99. what's more all-american than you? oh, i dunno... bald eagles? baseball? monster trucks? toddler pageants? spray tans? - really? dog sweaters?

>> kelly: we are back. scientists unveiling one pill with the potential to treat several potentially fatal conditions. alzheimer's disease, parkin sons and multiple sclerosis. doc, this pill be able to treat

all of these specific diseases which are devastating, of course. can it really happen? is there such a pill? >> this is a very big news and very exciting news that just came out of the journal of neuroscience this week. and what they have done is this is all in mice studies. they have engineered mice that develop into alzheimer's and started giving them this pill called mw 151. it is a bill that they gave the mice and what they found was that the ones that actually took it had 0 alzheimer's. the ones that did not take it by 11 months they had full-blown paule. that was bialzheimer's. that was big news. we talk about alzheimer's and the montrea mechanism of this e plaques where the information from one side of the brain doesn't get to the other side. this particular study is changing the way we are going to think about this and there

could be some inflammatory cells, cytokines that block the information. approach to alzheimer's and some of these diseases is going to change. this particular drug, mw 151 is going to reduce the amount of inflammation between the nerves. >> kelly: that is exciting news. a lot of people walk about with inflammation and thinking about ways to get rid of it before it develops into something like alzheimer's or parkin son's or worse. >> how many times do you want to think about someone abouts name and it just doesn't happen. that is when almost the brain starts to slow down. the beginning of alzheimer's. almost like the computer that slows down or freezes over time that gets worse and worse and then full-blown alzheimer's which is when the computer completely crashes. you may be able to take the pills as is a way to prevent and slow down the process to delay the alzheimer's. >> kelly: that is extremely

promising and people are listening saying i want that right now. >> the good news is we have the phase 1 trial starting in humans and the good thing about that is that it is a pill and not an injection. the other good news is that the pill can actually course through blood brain barrier. brain has a gate that brooks some of the kelly wright cals this is a great news for it. alzheimer's and parkin son's disease. >> jamie: sunday house call every sunday. we have been helping a lot of people. we did whooping cuff and one of my friends went to the doctor and finds out she has it. it is coming back. we will answer some of your questions, too because now the doctors are on twitter. while watching our show at 10:00 a.m. you could be twittering them with your questions and they might be the ones that we talk about on the air. >> i look forward to sunday morning and so many patients

and people from across the u.s. call us and e-mail us. it is a very exciting seth. >> look forward to it. >> jamie: across the world. we are on twitter and fox news .com has a lot of the segments from sunday house call. brand new ones for you tomorrow. we will see you for that. doctor, thank you so much for coming in it. >> thank you so much. >> kelly: always nice for you to make a house call, especially on this particular topic. we all need to though how to get better. >> jamie: back later? >> kelly: back later at 4:00. >> we are filling in while people are resting. have a great day, everybody and join us. nice to have you here. >> kelly: coming up next, journal editorial report. meantime, have a great day, everybody. captioned by closed captioning services, inc.

send money to anyone's checking account with chase quickpay. all you need is an email address or mobile number. you're welcome. take a step forward and chase what matters.